[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.08.07 15:54
• [The monthly power generation of Maldang Hydropower Station reaches a new high]
• On August 5th, it was reported that the Maldang Hydropower Station of National Energy Group Qinghai Company had a monthly power generation of 1.124 billion kilowatt hours in July 2026, setting a new historical high since its commissioning.Editor/Cheng Liting

• 2026.08.07 15:53
• [Shanxi's wind and solar power installed capacity exceeds 80 million kilowatts]
• As of the end of June 2026, the installed capacity of wind and solar new energy power generation in Shanxi Province has exceeded 80 million kilowatts, reaching 80.6121 million kilowatts. During the 14th Five Year Plan period, the province added 45.0091 million kilowatts of wind and solar new energy power generation installed capacity, an increase of 137.11% compared to the end of the 13th Five Year Plan.Editor/Cheng Liting